Faseeh Mangi

From soaring fuel prices in Pakistan to a shortage of cooking gas in India, Asia is bearing the brunt of the energy crunch sparked by the Iran War. On today’s Big Take Asia podcast we look at how war in the Middle East has pushed Asia to the forefront of a global crisis. Host K. Oanh Ha speaks with Bloomberg’s Faseeh Mangi about the impact of soaring fuel prices in Pakistan and Clara Ferreira Marques about how the least economically resilient countries are feeling the most pain.  Hosted by K. Oanh Ha; Produced by Yang Yang, Naomi Ng;  Reported by Faseeh Mangi, Clara Ferreira Marques;  Edited by Paddy Hirsch. Fact-checking by Naomi Ng, Eleanor Harrison-Dengate;  Engineering by Taka Yasuzawa. Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver; Executive Producer: Nicole Beemsterboer.See omnystudio.com/listener for privacy information.

Clara Ferreira Marques, Bloomberg commodities and energy editor in Asia, gives sharp regional market analysis. Faseeh Mangi, Karachi-based Bloomberg reporter, brings on-the-ground reporting from Pakistan. They discuss soaring fuel prices, cooking gas shortages, government austerity measures, shifting oil trade flows, and the political fallout as energy shocks ripple across Asia.

Faseeh Mangi, Bloomberg’s Pakistan Bureau Chief, shares deep insights into Pakistan’s economic crisis, particularly the alarming exodus of skilled professionals. Asad Ijaz Bhatt, who returned to the U.S. after attempting to serve in Pakistan’s government, recounts his personal struggles amid rising living costs. They discuss the staggering rise in expenses impacting the middle class, the reasons behind the brain drain, and the long-term ramifications for Pakistan’s already fragile economy. The conversation underscores a nation at a critical juncture.